Board of Governors of the Federal Reserve System

Treasury/Agency securities Municipal securities Corporate market instruments

Treasury/Agency securities Municipal securities Corporate market instruments

The Effect of Central Bank Liq- uidity Injections on Bank Credit Supply...The Impact of Extraordinary Monetary Policy on the Financial Sector” (

Treasury yields along with the target fed funds rate since August 1st....Treasury supplies than had been anticipated previously. The steepening

productivity—the key to rising living standards. Yet the news this year...factors—the drop in oil prices, the runup in the dollar, and weak economic

SEP: Compilation and Summary of Individual Economic Projections June 16–17, 2015 Table 1. Economic projections of Federal Reserve Board members

Treasury bill holdings of banks 333 245 -42 319 Negotiable CD's outstanding...Treasury bill rate had recently approached the previous level of the bank

TREASURY CONSTANT MATURITY SERIES Yields on Treasury securities at "constant...over-the-counter market. These market yields are calculated from composites

back-to-school pick-up in late August. Most contacts are close to plan...Back-to-school items have sold quite well, at least partly because poor

transfer of production from overseas as *Prepared at the Federal Reserve...back-to-school items. Lines described as selling well include conservative